Updated over 6 years ago on . Most recent reply
Biggest bang for my dollar
Hello everyone. I am looking for some solid ideas or direction as I am focusing on growth of my real estate company. I have been flipping houses in my area now for the last 3 years because the market is very strong right now and the profits outweigh the long term growth. I have a significant amount of cash that I would like to invest, but not sure what I should do. I want to continue flipping a few per year as I really enjoy the projects, but I need additional rentals as I feel I'm trading hours for dollars. I currently have 2 residential rentals, and not sure I want the headaches of multiple house rentals. However, I am considering small apartment buildings. I would like some additional passive income along with cash. Any strategies you might suggest?
Thank you,
Justin